Register of Pecuniary Interests 2010

The summary of annual returns as at 31 January 2010 for the Register of Pecuniary Interests of Members of Parliament was tabled in the House on Tuesday, 18 May.

Since 2005 the Standing Orders have provided a system for members of Parliament to register their pecuniary interests, such as the assets, debts and gifts they may each have accumulated or received.

The register enhances the transparency and accountability of members. It provides protection against arguments that a possible conflict might arise between a member’s public duty and private interests.

In declaring their personal interests, members are expected to follow the principle of “If in doubt, declare it.” This principle is contained in the Privileges Committee report Question of privilege relating to compliance with a member’s obligations under the Standing Orders dealing with pecuniary interests (September 2008 (I.17D)).

The Registrar, Dame Margaret Bazley, has noted the high level of effort on the part of members to comply fully with the requirements and timeframes to declare their interests.

Dame Margaret also set out general advice to members who have an interest in jointly held Māori land on how to declare their interest in this land or in a Māori land trust.

This Register of Pecuniary Interests covers the period from 1 February 2009 to the end of January 2010. Members were required to complete their returns by 1 March 2010.